Best Affiliate Marketing Program For Beginners

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Here's the Truth: Amazon Doesn’t Care About You - Partner With People Who Grow When You Grow If You Want To Live On Your Terms

Skip FBA, drop shipping, all the trends...

If you’re looking for a solid blueprint on how to run a profitable digital growth machine...

Then here are 3 key reasons why 10k+ digital entrepreneurs have skipped launching an Amazon Store & partnered with Anthony Morrison.

#1: A Solid Foundation

What's a Solid Foundation in your business look like?

I'll tell you.

It's a battle-tested, proven offer that actually helps people.

Maybe you've been spending a lot of time on the marketing side...

Getting your funnels in place

Your email auto-responders dialed in

All your tracking set up, so you can easily track those sales. :)

But if you don’t have a good offer you’re doomed from the start!

But building one yourself requires years of experience, not to mention the investment.

So copy Anthony's instead.

It's already proven to work and even worth a $50M Funnel Hacking award this year.

Not only is he going to show you how, but you can literally copy+paste the exact funnels he uses to run in his business. Why reinvent the wheel?

So now that you have a solid foundation, you’re almost ready to start.

We just need to work on getting...

#2: Leads.

As with any business, you need traffic.

Social Ads, Solo Ads, Youtube Ads, Google Ads... the options are endless.

But once again, learning how to do traffic the RIGHT way is going to cost years of experience and investment...

Unless you Partner With Anthony.

Not only does he give you:

-Offers that Convert

-Funnels that Work

...but he also gives you his High-Quality Traffic Sources.

And when it comes to being able to truly enjoy the fruits of your labor, you want to automate the process - after that, it’s up to you how to enjoy it.

#3: Residual 

This is where automation is key.

Setup a backend that works while you sleep.

Something with a proven conversion rate.

We know it's proven because it took him 10 years to optimize.

And it’s yours to use, simply COPY + PASTE.

Sound too good to be true?

Well, when you partner with Anthony Morrison, he only succeeds when you succeed.

Literally forcing him to be invested in your success from the start.

Your success is his success.

That's why not only do you learn the entire underlying framework to profit they should be teaching in Business 101,

But on top of that, you gain Members Only access to the "Profit Cycle", including:

- His perfected sales funnel - completely done for you. Just copy, paste.

- “Plug n’ Play” autoresponders & link trackers giving you multiple streams working for you day in & day out.

+ Plus, get traffic sources, proven to work, worth $619, for Free!

If you're still reading, make sure you check out his training.

It walks through everything you need to know to get started the right way.

Click here now to get started today!

Creating a Lifestyle Business

More and more people are coming to the realization that a career that involves spending most of your waking hours devoted to someone else's vision is not the key to fulfillment. With so many business opportunities available to anyone with an internet connection, the prospect of achieving your dream of financial freedom is more attainable than ever.

Countless people, regardless of their age or career status, are building side businesses that are growing into something they can leave their jobs over. These lifestyle businesses, as they are called, are based on using the internet to attract customers and clients and achieve the necessary economies of scale to sustain a work-from-home income.

What is a Lifestyle Business?

A lifestyle business is a business created with the sole purpose of sustaining a desired lifestyle. If you ever had the dream of moving to a tropical island or you always wanted to have the income to follow a hobby, you can start a business that will grant you the financial means to achieve it.

Business Models to Choose From

Depending on how much money you have saved up, you can choose from several business models available for you to pursue. As with any venture, there is a risk to reward ratio you need to consider. Different business models require different amounts of starting capital and your choice will revolve around your strengths, knowledge, experience, and budget.

Business models that need a large initial cash outlay will be harder to implement without savings or access to credit. If you are married, you can start your new business with your spouse which will not only split the cost between the two partners but will also allow you to leverage the time and effort of two people rather than going it on your own.

If you will be pursuing this new venture on your own, there is no need to dismay. There are options that can help you circumvent any obstacles you may encounter including finding capital and manpower.


One of the most popular business models that offer great potential for growth while keeping downside risk to a minimum is affiliate marketing.

What is Affiliate Marketing?

Affiliate marketing is a lifestyle venture where you earn commissions by promoting and selling the products and services of others. You find a product or service that you are confident you can sell and promote it by using a variety of online methods and tools.

If you feel overwhelmed even thinking about implementing the affiliate business model, there are established programs from large retailers that you can leverage to get started. Amazon's affiliate program is a great way to reduce the learning curve associated with breaking into online selling.

The Affiliate Model and Selling on Amazon

Since the early days of e-commerce, Amazon has been swiftly growing into an online juggernaut in the retail space. You can take advantage of Amazon's Associate Program to become an affiliate so you can promote and sell products found on the website.

Selling on Amazon FBA

Alternatively, you can sign up to sell your own products through Amazon and thus start your own e-commerce business. The Fulfillment By Amazon program allows you to stock products with Amazon and use their distribution network to ship your products to customers. By selling on Amazon FBA, you are reducing the logistics involved with starting an e-commerce business on your own.

Become a Consultant

Most people don't stop to think about the business and life experience they have gained throughout their lives. Living in the corporate world of 9 to 5 employment, people only tend to think of their value as professionals in terms of a resume. Yet, there is a great deal of valuable information in your accumulated knowledge that plenty of people may be willing to pay to be privy to.

All it takes is a few searches on YouTube or Google on your favorite hobby to see that there are countless people offering their services to clients on a plethora of topics. If you are not keen on following the e-commerce or affiliate business models, perhaps you should consider becoming a consultant on a topic you have mastered over the decades. Life coaches, personal trainers, and even accountants are leaving the daily grind and are using the internet to offer their knowledge to their customers via à la carte sessions or subscription services.

1. Determine the Structure of Your Desired Business Model

If you don't have the financial flexibility to leave your job to pursue your new business, there is no need to worry or rush to rash decisions. A sole proprietorship is enough to get you started while you work on the side. You can devote a few hours after work and on the weekends building your dream.

If you are thinking of partnering with a friend or relative, starting a partnership or limited liability corporation (LLC) may be the best option. To get the best advice on what the most suitable option for your needs is, be sure to consult an experienced accountant.

2. Choose a Business Name and Register a Domain Name

Your new business will be the vehicle for achieving financial freedom and bringing the excitement back into your professional life. Come up with a business name that reflects the type of enterprise you want to create. Whether it has to do with selling as an affiliate, e-commerce, or consulting, your business name should exhibit your brand's essence and bring enthusiasm to your ears at its mention.

Choosing a domain name for the website you will be creating will also be important. Find a domain name that will be memorable to potential customers that come across it. Keep in mind that your domain name should include an important keyword regarding your business. This has to do with search engines placing your website higher in their rankings when users search for your services. Make a list of your most important keywords and try to brainstorm a good domain name. When you've come up with a few good options, make sure they're available and register the one you like most with a domain registrar.

3. What Kind of Platform Should You Use?

When starting off with a limited budget, your options will be limited. However, you'd be surprised by the open-source programs available for you to build your website. Wordpress is one such open-source platform and is easy to learn. There is no programming involved and there are a large number of free additional tools, called plugins, available for you to build a functional website. This works for affiliate businesses, e-commerce, and consulting businesses alike.

4. Pick a Profitable Niche and Target Audience

Start by finding the area on which you will be focusing. With a niche in mind, you need to focus on targeting the most profitable audience segment. Do the necessary research to determine what demographics are the ideal customers for your product or service and center your strategy around them. Each niche has its own ideal target audience. Figure this out and position yourself as an authority this audience can turn to for answers to their questions and solutions to their problems.

5. Stand Out

Advertising and leveraging social media will help you gain the necessary exposure for your new business. Content marketing is an effective way of growing your audience and will require a bit of effort but can yield more permanent results than advertising. Offer useful information that users will find relevant to their needs and you will cement your brand as the market leader in your niche.

Remaining in the conventional professional rat race doesn't have to be your fate. If you've been able to offer your services to employers for many years, earning them money and contributing to the growth of their businesses, you can certainly build a successful business of your own. Overcoming your fears is as simple as taking the first small step.

Best Online Business to Start With No Money

The world of online business can be overwhelming, but there are some simple types of businesses that you can get into right away. You may have failed in the past, but a new approach could lead to success. It’s an exciting time for online business, and Amazon is making it possible for small business owners to soar to new heights that were previously too difficult to reach.

Types of Online Businesses Out There

Some online businesses facilitate advertising over social media, and some create graphic advertisements and web videos. There are consulting firms of many types out there. Some businesses are dedicated to content creation, app development, or website design. Other companies simply sell things like flashlights or shirts. The world of business is massive, and most online businesses require startup money.


There are a lot of companies that focus on marketing, yet this is still one of the best areas to get into. After all, every business requires some sort of marketing approach for success. People must be able to find your websites, videos, and review pages, or you won't make any sales.


Affiliate marketing is an excellent way to start a business with no money at all, and it requires no products or services to sell. If you do have a product or service to sell, Fulfillment by Amazon may be the perfect solution for you. Products don’t always have to cost money to create, and that’s important to keep in mind.

The Beauty of Affiliate Marketing

This type of business markets another company’s products or services. An affiliate typically hosts a website with special links, and the marketing business receives a commission when users click these links and make a purchase. It doesn’t have to be a website. These links can be inserted anywhere that HTML can be inserted, such as Youtube videos.


Amazon has an affiliate marketing program, and affiliates can choose between millions of products to advertise. An Amazon affiliate could host numerous websites dedicated to different niches. Affiliate businesses are great for the following reasons:

• Very Little Cost to Start
• No Products or Services to Provide
• Wide-Variety of Affiliate Programs, Products, and Services
• Passive Income
• Little If Any Expertise Required

If this sounds like the type of business for you, you should check out Amazon’s affiliate program right now. The number of products they have for you to market is staggering, and commissions are generous. Some people make a huge amount of money as Amazon affiliates.

The Sale of Information Is a No Money Startup Option

Some products can be a nightmare to produce and store, but businesses selling information products require no startup funds. E-books take no money at all to make, and Amazon allows users to compile and sell these over the Kindle platform. They also have a service called CreateSpace for the creation of physical print-on-demand books. This also costs no money.


Your business will sell information products and services over Amazon, but you do not have to limit your web presence to Amazon's site. Your business should have dedicated web pages and social media connections. These take time to create, but there is no startup cost associated with the creation of web sites on various platforms. It will eventually cost a small amount to purchase a URL, but you don't have to buy one at first.


Amazon allows for the sale of many different types of information products. The Amazon Fulfillment program can be used to bolster sales, and this will be described in the next section. A business selling information products may be easy to set up, but it can be time-consuming to create the products themselves.


It’s possible to pay people to create information products for you, but you can easily make them on your own with some dedication. Most people have something they can teach others. There are many ways to create information products, and here are some common ways that information companies sell information:

• Educational CDs and DVDs
• E-Books and Regular Books
• Online or Real-Life Instructional Courses
• Online or Real-Life Conference Meetings
• Membership-Based Websites
• Informational Apps

Amazon originally started out selling books, and they pioneered the Kindle platform for e-book sales. Some companies sell PDF files, but Amazon’s proprietary e-books use the AZW format. Amazon can create these files for you from Microsoft Word files during upload.


Many companies produce a variety of different information products for sale. For instance, a company might offer a DVD, e-book, regular book, and online conference about making cakes. There’s no reason to limit your information products to one type of product or service.


If information is your type of business, you should head over to Amazon today to begin setting things up. You can sell your books through them as an author, but you can also sell products like DVDs and CDs through them as a business owner. The choice is all yours.

Amazon Streamlines More Traditional Businesses

Fulfillment by Amazon helps business owners focus more on the quality of their products and services. Small business owners find it difficult to manage shipping, product handling, and customer service, but Amazon now takes care of all this for you. Your products will be warehoused and shipped, and customers can talk with Amazon customer service about your offerings. This is important for entrepreneurs with no startup money.


Warehousing and shipping are essential for some businesses, but customer service is equally important for small business owners to have. Most customers do not make a purchase when they have unanswered questions, and customers expect rapid responses in today’s world of instant gratification. Customer service does the following for a business:

• Boosts Customer Confidence
• Helps Retain Customers for Future Purchases
• Allows Higher Pricing Points and Quality Reputation
• Provides Feedback on Products and Services
• Boosts Overall Business Reputation and Public Image

If the Fulfillment program sounds like it could help you get moving, you can visit Amazon right now to get started. They make it easy for entrepreneurs to set up the sale of a new product or service, and you don’t have to pay any fees to get started. It’s one of the busiest sites on the internet, and the possibilities for expansion are endless.

These Online Businesses Cost Nothing to Start

Lots of people think that businesses require a substantial initial investment, but your business doesn’t have to. Information products need to be created, but they don’t necessarily cost anything to make. Furthermore, Amazon makes it very simple to get started. The affiliate program requires some work, but you won't have to pay anything to begin.


Amazon’s Fulfillment program is an important service meant to smooth over some major issues that plague small businesses. A business selling basic information products can benefit from good customer service, and it requires no heaps of startup money. You can make your way over to Amazon right now for more information about these fantastic opportunities.

Best way to generate passive income online

3 of the Best Ways to Generate Passive Income Online

Have you lost enthusiasm for a job that used to bring you great joy? Or, possibly you enjoy your work but it requires too many hours per week and you’re getting tired. It’s also possible that the cost of living increases mean your salary isn’t keeping pace with financial commitments.

It’s difficult to stay happy when you don’t have time for hobbies, you don’t enjoy your work or you’re feeling daily financial pressures.

When you’re looking for a solution, creating passive income with an Internet business is an excellent avenue to pursue.

What is Passive Income?

Passive income is money that comes in on a monthly basis without the need to do work. Don’t misinterpret the last sentence. There is no such thing as generating income without working for it. However, there are systems you can put into use online that continue to generate revenue month by month.

For example, it’s possible to build a blog that gets traffic from Google every month. Whether you’re physically working on it one month or not, people keep visiting articles you wrote in the past and click to buy products those articles lead them to.

Or, maybe you source a quality product and post it on Amazon. Amazon gets customers visiting their site every single day. Your Amazon account will see sales on days when you might be on vacation or working at your job.

It requires work to set your online business before you’ll benefit from the passive monthly revenue it generates each month. Let’s take a look at three specific types of online businesses that you can set up and generate passive income with.

Affiliate Marketing

Let’s establish two definitions so that you understand how you will make money with this method of online marketing.

• Product creator: Someone who creates a product or service for sale.
• Affiliate marketer: Someone who generates sales for the product creator.

As an affiliate, you don’t need to worry about creating any products or offering any services. Instead, all you need to do is find products and/or services you’d like to recommend to people. When those people buy the product or service, the creator pays you a percentage of the sale amount.

Let’s say that you love personal development. You might recommend products offered by Anthony Robbins, for example. Or, if you enjoy golf, you might recommend training products that help people become better golfers.

Making money as an affiliate has many benefits. You can get started without needing to do any product market research prior to building a product. This is an expensive and time-intensive process that involves testing sales pages and offers.

Instead, you just get good at online marketing and drive targeted prospects to a proven product offer. Once the product creator’s proven sales process makes the sale, you are paid your commission. The next benefit? You aren’t responsible for any customer service issues. The product creator handles all that.

This means that affiliate marketing simply requires matching interested prospects with products that solve their problems and it doesn’t require you to do anything after the sale.

How will you find these interested prospects? One of the most effective methods is to create a blog. If you are going to sell golf training products, for example, set up a blog that educates through tips about being a better golfer. This will attract your perfect audience of people who want to learn to improve their golf game.

Your helpful blog posts will get indexed at Google and generate free search engine traffic to your website. All you need to do from there is link your blog visitors to the affiliate product you’re promoting and pick up monthly passive income from the sales of that product.

As you get better, you might use more advanced marketing methods, such as building an email subscriber list (so you can follow-up through email and point them to the product) or paid advertising. Keep it simple at first. Get free traffic first and then start adding more marketing knowledge as your income grows.

Selling on Amazon FBA

Another way to start generating monthly passive income is by selling on Amazon FBA. FBA stands for Fulfilled by Amazon. Amazon does all the work for you and here’s how it works:

The first thing you do is send your products to Amazon so they can store it inside one or more of their many fulfillment warehouses. These are buildings run by both Amazon employees and robots. The warehouse staff sorts and inventories your products. They keep good care of your products. In the event that anything is damaged, Amazon will pay you the full retail price of that ruined product.

Every time a customer buys your product on Amazon, the company handles the entire transaction for you. Everything is automated for you. Your product is taken off the shelf at the fulfillment center, packaged up inside a box and shipped out to your customer.

Amazon even follows up with your customer after the product arrives in order to make sure everything is perfect with the order. If anything is wrong, Amazon steps in and fixes the problem for you and the customer.

You might wonder what the catch is if Amazon does all the work for you. Here are your responsibilities:

You’ll need to select your products. While Amazon handles all the work on the back end, it’s up to you to figure out which products will sell and which ones won’t sell. This means you need to learn a simple process for how to do this type of product research.

It’s your job to keep product inventory. Amazon will notify you whenever inventory is low but you need to stay on top of the process so customers always get their purchases in a timely manner.

Promotion and advertising fall on your shoulders, too. It takes more than just adding a product page on the Amazon site. Promoting products is similar to what was covered in the above affiliate marketing section. You will generate traffic to your Amazon listings via blog posts, email marketing, and paid ads.

Become a Freelancer

Freelancing is another solid way to generate income online. What are you good at? Can you:

• Build a website for clients?
• Do design work?
• Write articles?
• Edit articles?
• Perform bookkeeping services?
• Perform photography at weddings?
• Plan weddings?
• Teach a language?
• Tutor math?
• Become an interpreter?
• Perform legal work?
• Write music?
• Consult for the travel industry?
• Perform accounting services?

As you can see, any skill-set that you possess is easily turned into an online business. On your downtime, such as in the evenings or on weekends, you can start bringing in extra revenue by doing something you enjoy and are good at.

There are many freelancing websites that already get visitors by people who want to hire you for your expertise. All you need to do is list your services there or answer job postings and start working.

If one of the above options has you excited, get started as soon as possible. Start learning how to become an affiliate, use Amazon, or build your own freelancing business. You'll start experiencing the joys of monthly passive income in no time.

6 Strategies For Building Wealth

6 Proven Strategies For Building Wealth

Building wealth requires focus, drive, determination, and discipline. Most people lack the financial fortitude required to create and maintain wealth. There is no magic button you can push to create instant wealth. Yes agreed with the internet today, most people have been able to create massive wealth, however, it requires lots of work and sacrifice to achieve this.

Here are 6 strategies you can apply in your life today to create your own wealth:

1. Pay Yourself First

If you must set aside a portion of your paycheck before you start paying your bills. If your employer has a 401(k) or 403(b) plan, enroll in it and set up a reasonable percentage to invest. The money will come out before you see your paycheck, therefore the “loss” of discretionary income will be less noticeable to you. Maximize your contribution if you are able, especially if your employer matches your contribution.

2. Start Saving Now

The sooner you start to save, the more you will have later in life. If you are not able to save much until after your children are grown, you can step up your savings until you retire and still have a decent nest egg.

3. Get Rid of Debt

Before you build up your savings it is best to get rid of your debt and then embark on your wealth-building campaign. If your credit card rate is 14% you will find it difficult to find any investment that gives you a return that exceeds that rate. It would be better for you to pay down your debt first and then implement an investment strategy.

4. Get The Right Mortgage 

If you plan on holding onto your home for a short period of time, an adjustable-rate mortgage might be a better option as your rate will be lower than a fixed-rate mortgage. Most homeowners only live in their homes for an average of 7 years. Use the amount saved to pay down your mortgage quicker; refinance your home if rates begin to climb.

5. Build An Emergency Fund

Emergencies happen and nothing wrecks the best-laid plan more than an emergency, particularly one that costs you a lot of money. The rule of thumb is to set aside up to six months of your income to live on in case of an emergency. Without an emergency fund, you will be tempted to take on debt, cash in your retirement accounts, and sell valuable investments.

6. Protect Your Assets

You can have a healthy portfolio and see it disappear quickly if you are not properly insured. Make sure that your health/dental, homeowner, life, and disability insurance coverage are sufficient to meet your needs. All it takes is one legal judgment against you to wipe out your assets.

So there you have it, creating wealth requires having a plan, staying disciplined, and focused on your goals. Applying these 6 strategies is the first step on your journey of wealth creation, remember, you deserve to be wealthy!

Looking for ways to start an investment account? Check out M1 Finance Today!

5 Simple Steps To Take Control Of Your Finances

5 Steps To Take Control Of Your Finances

There are more people overcome with debt today and facing a financial disaster. To ensure that you have a bright financial future, you must take measures to get your finances in order. There is no short term cure for your finances, however, you are going to have to work hard on your finances at all times. 

Here are the five steps you can apply to get your finances in order:

#1 - Create a Budget and Stick To It

Creating a budget that you can stick with is a great way to stay in control of your finances. When you are creating a budget, make sure it is realistic. Make the budget reasonable and be sure that you budget in money to save each month as well. People who have a reasonable budget are less likely to start going out and running up a great deal of credit debt.

#2 - Get Rid Of Bad Debt 

Another way that you can stay in control of your finances is to start working on getting rid of all your bad debt. While becoming debt free can take a bit of time, there are ways that it can be done if you are willing to work on it. Once you get rid of bad debt, you will have more money left over each month more investments. 

#3 - Organize your Finances

Many people fall into a financial disaster due to a lack of organization. Keeping your finances organized can help you stay in control of your finances. Make sure that you keep track of bills and when they need they are due to avoid late fees, and also be sure to keep track of your checkbook so you do not overdraw your account. Simple organizational measures can help you keep better control over your finances. 

#4 - Watch Your Spending

One area where many people have a problem is in the area of overspending. If you want to stay in control of your finances you will need to avoid overspending. If you are going to make a large purchase, make sure that it is a planned purchase that you have spent time thinking about. Avoid impulsive shopping that results in you buying things you do not need. 

#5 - Keep Track of your Credit Report

Your credit report is a good gauge of what is going on in your finances and it is important that you keep track of it. By checking up on your credit report, you can see where there are problems and work to fix them. You may also be able to identify any errors on your report that could affect you negatively as well. If you do find errors in your credit report, be sure to call the company and start working on fixing the error to make sure your report is correct.

How To Clean Up Errors In Your Credit Report

Cleaning Up Errors In Your Credit Report

One important factor that plays a role in maintaining a clean credit report is the contents of your credit report. Your credit report is the history of your financial life.

The credit report shows your credit score, which is a numeric ranking usually between 300 and 850. Several lenders use the credit score to help them make decisions whether you are worthy of a credit. The score is also used to determine your capability of paying a loan. The credit report is important and cleaning and maintaining a good credit report is vital to your fiscal survival.

Get A Copy Of Your Credit Report

In a credit report, the first entry is normally your personal information. It includes your name, listed
telephone number/s, previous and current addresses, reported differences of your Social Security Number, past and present employer, and your date of birth.

The information regarding your credit accounts follows your personal information entry. This is also listed in detail and normally includes loans, the maximum loan amount, and information of any joint account holders or co-signers. The credit report also incorporates a section, called Inquiries, which lists any person who has recently requested a copy of the credit report.

There are states, where the credit report contains public record information. This information
can feature overdue payments, bankruptcies, or other judgments in the court. These entries can last for up to ten years and may affect your chances of obtaining a loan negatively.

Where to Begin

Firstly, in order to clean up your credit report, you will need to order a copy of the report. You must
determine what is out of date or inaccurate, after which you can submit a letter to the bureau requesting fixes to the information. This process may take a long time and you may be required to do several follow-ups with each bureau before achieving a clean credit report. However, to perform this correctly, you must be aware of the information the credit agencies are allowed to report and the duration.

Ordering a credit report can be easily done and accessible to everyone, you are allowed one free report each year; under the FCRA or Fair Credit Reporting Act. Consumers are allowed to obtain a free copy of their credit report each year from each of the three major credit reporting companies,  Experian, TransUnion, and Equifax. However, if you have already obtained a copy of your credit report this year, you may be required to pay an additional fee if you want another copy.

Once you have obtained your report, review it carefully. Review every detail since bureaus can sometimes mix up names, addresses, or employers. Very often people who have common names have credit reports that may contain information on other variations of their name.

 It is extremely important that you perform regular checks on the credit report. It is advisable to order a copy of the report once a year and dispute any possible inaccuracies. Take steps in handling your payments and make sure no payments are late. Time is of the essence and even minimum payments should not be neglected.

Managing your credit can add as much as fifty points to your credit score over the course of a year.

Top Real Estate Investor Reveals Secrets To Fast And Effective Credit Repair

Simple Steps To Safeguard Your Financial Life

How to Safeguard Your Financial Life

Most financial planners would agree that the most important steps to take to protect your financial stability are to set aside funds as an emergency reserve. The concept that you have the fund for emergency and unexpected events is to prevent you from using your credit card and drowning yourself in debt.

How to Get Started

Everyone must save a little extra cash in case of emergencies. However, how much money should you keep? Although the topic of how much money is needed for your emergency fund is open to debate, the minimum amount should be enough to cover your expenses for daily living for at least three months. It is also a great idea to save at least six months of your monthly expenses.

Your personal circumstances and what it takes to provide you with a peace of mind are the elements to help you determine just how cautious you want to be. If for instance, you have well-off parents who have always been supportive and willing to help you in a financial crisis, an emergency fund for three months will be sufficient.

Start by setting aside a monthly amount, for example, 5% of your paycheck. It is advisable to make this automatic. You can set up automatic weekly or monthly transfers from your checking account to your savings accounts.

Furthermore, monitor your spending habit each month and always look for ways to minimize your expenses. If by chance you receive a promotion, bonuses, or other unexpected windfalls, make sure to add them to your emergency fund.

Where to Keep the Cash

Keep your emergency fund somewhere that is both easily accessible and safe. I have heard of people putting their cash in the freezer or placing under their mattresses. Don't be one of these people. :)

The best option you have is to open a savings account or money market account. However, always examine their offer with regards to the minimum balance, interest rate, and other terms.

If you are looking for a great place to place your money, check out M1 Finance.

How To Manage Debt Responsibly

Tips to Manage Debt Responsibly

It is very surprising how many people do not know what their total debt expenses are each month.

The first thing to do is to account for all your expenses when making your budget.

When setting up your budget, you must account for the following,  mortgage/rent, food, utilities, transportation, clothing, entertainment, gifts, credit card payments, auto loans, personal lines of credit, and other debt obligations.

Next, you must pay your bills on time. This will ensure that you protect your credit history and also avoid paying costly fees and late charges.

If you are in the habit of using your debit cards, you must track all your debit transactions so that you do not overdraw on your account and thus incur fees.


Another strategy used to manage debt is by reducing your credit card interest rates. By shopping around, you can find a card with a lower interest rate or a 0% promotional rate for balance transfers. Also, you can get a lower interest loan to pay off your high-interest debt, by lowering your monthly payments, you free up some extra cash flow for yourself.

If you have racked up a large amount of debt, you must determine what percentage of your income you can allocate to pay off your debt and refrain from charging more.




Finally, you must have a system in place to protect your credit information. Identity theft is on the rise and you must be very vigilant with protecting your personal information. With so many data breaches every year, it's important that you have some form of identity theft protection. Another effective strategy is to have a credit freeze on all three major credit bureaus. This ensures that in the event someone tries to use your information to apply for credit, they will be declined.

There you have it, debt is a powerful tool and as such must be used and managed responsibly. Wealthy individuals understand the power of debt and how to leverage good debt to create wealth and so should you.

The 4 C's Of Credit

Applying for a loan can be nerve-racking and challenging if you do not understand how credit works and what bankers use to determine if you are a good credit risk or not.

In this post, I will share with you the 4 C's that bankers look at before making decisions on whether to lend you money or not.

The 4 C's are Character, Collateral, Capacity, and Credit.

Let's address each.

Character 

Lenders look for signs of stability and reliability, such as your employment history and proof of regular mortgage or rent payments.

Collateral

A lender may require that the loan be backed by the value of your property, such as a house or vehicle.

Capacity

As a borrower, you will be required to prove that you have the means to repay the loan. Having a steady job that provides dependable income is highly important.

Credit

Your credit and payment history will be reviewed by the lender.

So there you have it, these are the 4 areas every reputable lender will consider before extending you credit.

The True Cost Of Credit

Credit has become a vital part of society and, at some point in our lives, we will need some form of credit in order to achieve our goals. 

Why is credit so important?

Well, if you are planning to purchase a house unless you have a large bank account, you will require credit to be able to acquire your house. Even the wealthy would rather use credit to make large purchases than spend their cash reserves.

The sad part is that there is no financial education being taught and as such, we have a segment of society that struggles with financial literacy.

The wealthy understand how to leverage credit to grow their wealth and increase their net-worth while the rest of society struggles. We are told that credit is bad and we should never use credit cards, etc. Unfortunately, if you plan on participating in the economy and also improve your lifestyle, you must be financially savvy when it comes to credit.

Now, there is a cost of credit and if you abuse credit, there will be a price to pay. In addition, not all credit is the same. Let's take the example of an individual who due to personal financial difficulties, takes out a payday loan.

These payday loans are designed to be emergency loans until your next paycheck, unfortunately, these payday loan lenders are not federally monitored or regulated and as such charge clients exorbitant interest rates. Because of the borrower's credit rating, these loans are very risky and expensive.

A $300 payday loan repaid in a month could cost the borrower $13.99 which is an APR of 57%.

There have been cases of borrowers paying over 300% in interest to these payday loan lenders, don't be a victim.

 

Here Are Alternatives To Payday Loans:

1. Get a line of credit from your local bank or credit union.
2. Ask your employer for a paycheck advance.
3. Ask your family or friends to lend you money (be careful about this one) :)
4. Apply for a regular small loan.
5. Negotiate with your creditor for more time to pay your bill.
6. Use a cash advance on your credit card.

Why A Credit Report is Your Financial Resume

It is common knowledge that most companies today check your credit report before doing business with you or even hire you if you are seeking employment. This is why your credit report is your financial resume.

A credit report file lists all your personal information, all your trade accounts, and your past payment behavior or history.

It is vital that you maintain a healthy credit profile as this comes to play when you are applying for a credit card, a car loan, mortgage, insurance, mortgage, and in most cases when you are applying for a new job.

It is important that you establish and maintain good credit because it is a record of where you work, live, also how you pay your bills, and if you have any public records on you, such as arrest, foreclosures, bankruptcy, liens, etc.

Employers do have the legal right to look at your credit provided you give them permission to do so during your job application process. They use these data to assess your credit usage, your personal integrity, and financial responsibility.

Furthermore, all financial institutions, lenders, insurance companies, utility companies, and landlords look at your credit for the same reasons.

So you can see why your credit report represents your financial resume.

You might be wondering, how do you establish a great credit history?

Well, the process is quite simple but requires discipline and patience on your part.

Here are the basic steps anyone can take to accomplish this, please note that this assumes that you are new to the credit game or maybe you want to get back in the credit game.

Steps To Establishing A Great Credit History

1. Open a checking and savings account at a bank.
2. Apply for a credit card such as a bank credit card, retail store card, gasoline or oil company card, etc.
3. If you have no credit or bad credit, you can apply for a secured credit card whereby, you pledge collateral such as savings accounts in return for a credit card with limits equal to the amount of the savings deposited.
4. Another way is to be an added signer on someone's credit card account. This requires you to ask a friend or family member with a great credit history to help you out by adding you to their account. The advantage to you is that you get to benefit from their well-established credit profile as well.
5. Apply for a co-signed loan if you can't qualify by yourself. A relative with an established credit rating can be a co-signer on your loan and share the responsibility.

To get you started with your new account, you can check out an offer from M1 Finance.

How To Repair Your Credit

The key to having a great credit score is monitoring your credit on a consistent basis, getting rid of errors, and using credit responsibly.

So what happens if you have bad credit and don't know what to do or how to fix your credit? 

Well, all is not lost and there is a way to get your credit repaired so that you can take advantage of all the opportunities available to a select few who know how to leverage their great credit.

                                                 Click here Now to Learn More

How Does Credit Repair Work?

You have the right to dispute anything on your credit report that appears to be inaccurate, outdated, erroneous or unverifiable…that’s the law. All creditors are obligated to prove the information on your credit report is accurate and correct any and all violations of the law.

If a creditor is unable to perform under the strict guidelines of the law, they must remove the account from your credit report.

All Credit Reports Contain Violations, Including Yours

The United States government began writing laws to protect you from creditors and the credit bureaus beginning in the 1960s. Today there are dozens of state and federal laws creditors and credit bureaus have a difficult time following.

An account such as a collection, charge off, tax lien, short sale, foreclosure, auto repossession, even bankruptcy can contain dozens of violations making it inaccurate, outdated, erroneous, or unverifiable. In other words…illegal

If you are challenged with bad credit and need help fixing your credit, then you want to check out Fortress Credit Pro. 

Fortress Credit Pro has been able to get some of their clients from bad credit to homeowners in less than 180 days. 

They will show you:

• How to build a great credit
• How to efficiently raise your credit score
• How to responsibly use and maintain credit

Bad credit can be fixed, Fortress Credit Pro can get you from bad credit to good credit faster.
Visit Fortress Credit Pro now to get your credit fixed.

Why Credit Matters

Credit is the lifeblood of the economy and without credit, it will be close to impossible for individuals, families, and businesses to survive.

Credit affects all aspects of our lives and without credit, you will not be able to purchase a home, purchase a car, purchase a business, etc.

Credit is the engine that drives all financial aspects of our lives and that is why credit matters.

In order to qualify for the best rate on loans and other financial products, you must have great credit.

Having great credit guarantees that you will be able to play the game of life and have a great lifestyle.

On the other hand, not having great credit will surely guarantee a miserable existence and very limited opportunities available to you.

The key to having great credit is making sure that you understand how to use credit responsibly and thus maintain a great credit profile.

There are three credit bureaus that collect, store, and share your credit behavior with financial institutions, and these financial institutions pay these three major data-collecting behemoths large sums of money for your credit profile.

The three main credit bureaus are Transunion, Equifax, and Experian.

These three get your personal data from the financial institutions that you have relationships with and in turn, share your information with other financial institutions when you try to apply for credit.

In order to make credit decisions, these financial institutions turn to the three bureaus to obtain your credit behavior to see if you are worthy of getting a loan, etc. Your financial behavior comes down to a three-digit number called your credit score or most typically referred to as your FICO Score.

FICO refers to "The Fair Isaac Company"





The Fair Isaac Company developed the first algorithm for computing your credit score to enable lenders and financial institutions to make quick and impartial lending decisions using your three-digit credit score to determine your creditworthiness.

There are other platforms that provide you with free credit scores, however, the only scores that 90% of lenders use is the FICO Score.

There are basically 5 factors used in the computation of your credit score, and these are:

1. Payment History -  35% impact on FICO Score.
2. Credit Utilization - 30% impact on FICO Score.
3. Length of Credit History - 15% impact on FICO Score.
4. Amount of New Credit - 10% impact on FICO Score.
5. Credit Mix - 10% impact on FICO Score.

These are the main factors that impact your credit score and these scores range from 300 to 850 and the higher your score, the better.

The key to maintaining a high credit score is to monitor your credit consistently making sure that there are no mistakes or incorrect data on your profile and ensure that you are not a victim of identity theft.

Click here to Monitor Your Credit and FICO Scores

This post is meant to give you a quick snapshot of why credit matters. In my next post, I will go over how to fix errors on your credit report and also how to repair your credit in order to be able to get qualified for better rates on loans.